L1 Global Manager Pty Ltd Takes Position in 3 E Network Technology Group Ltd $MASK

L1 Global Manager Pty Ltd acquired a new stake in 3 E Network Technology Group Ltd (NASDAQ:MASK) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 1,248,611 shares of the company’s stock, valued at approximately $300,000. L1 Global Manager Pty Ltd owned approximately 0.05% of 3 E Network Technology Group at the end of the most recent reporting period.

3 E Network Technology Group Stock Performance

Shares of NASDAQ:MASK opened at $2.37 on Friday. 3 E Network Technology Group Ltd has a 52 week low of $1.18 and a 52 week high of $94.25. The firm has a 50 day simple moving average of $2.29 and a 200 day simple moving average of $4.64.

3 E Network Technology Group (NASDAQ:MASK) last issued its quarterly earnings results on Wednesday, May 27th. The company reported ($0.18) EPS for the quarter. The company had revenue of $1.86 million for the quarter.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. Weiss Ratings cut shares of 3 E Network Technology Group from a “sell (d)” rating to a “sell (d-)” rating in a report on Tuesday, June 2nd. Wall Street Zen cut shares of 3 E Network Technology Group from a “hold” rating to a “sell” rating in a report on Saturday, May 30th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, 3 E Network Technology Group presently has an average rating of “Sell”.

3 E Network Technology Group Company Profile

3 E Network Technology Group Ltd. operates as a holding company, which engages in the provision of business-to-business information technology business solutions. It offers business solutions to a variety of industries and sectors, including food establishments, real estate, exhibition and conferencing, and clean energy utilities. The company was founded on October 6, 2021 and is headquartered in Guangzhou, China.